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Adopting Requests for County Offices and Departments for Proposed Reductions in the Preparation of the FY2025 County Budget
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WHEREAS, the Kane County Finance Committee is responsible for recommending a balanced budget to the Kane County Executive Committee; and
WHEREAS, a draft FY2025 Budget has been presented to the Finance Committee; and
WHEREAS, the draft FY2025 General Fund budget has $28,289,520 million more in expenditures than revenues; and
WHEREAS, the Finance Committee recommends that $19,269,183 in General Fund balance reserves will be used in balancing the FY 2025 General Fund budget; and
WHEREAS, the Finance Committee recommends that the $4,349,381 budgeted in FY 2025 for transfer from the General Fund to the Capital Projects Fund be cut from the FY 2025 Budget; and
WHEREAS, the Finance Committee recommends that an additional $4,031,617 in RTA Transportation Sales tax revenue be transferred from the Transportation Department’s RTA Sales Tax Fund to the General Fund; and further recommends the County Board and Finance and Budget Committee make any necessary financial policy amendments to incorporate such changes via future resolution to be presented prior to the adoption of a FY25 budget; and
WHEREAS, the Finance Committee has recommended, for discussion, in order to fulfill its obligations in presenting a balanced budget, that certain Offices and Departments in the General Fund should present reduced FY2025 budget in the total amount of $639,339 in order for the General Fund budget to be balanced as represented in Exhibit A; and
WHEREAS, the preparation of the County budget for FY2025 shall follow the process outlined in the Kane County Code and all other applicable Illinois laws.
THEREFORE, BE IT RESOLVED by the Kane County Board Finance and Budget Committee that the Executive Director of the Finance Department is directed to present a revised proposed budget incorporating such changes at its next meeting.
Passed by the Kane County Board on September 10, 2024.
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John A. Cunningham, MBA, JD, JD Corinne M. Pierog MA, MBA
Clerk, County Board Chairman, County Board
Kane County, Illinois Kane County, Illinois
Vote: